E-commerce in Mexico

From Wikipedia, the free encyclopedia

The e-commerce market in Mexico in 2015 was estimated by Forbes to be 12 billion U.S. dollars[1] and by the Mexican Internet Association AMIPCI to be 257.1 billion Mexico pesos (about 15.6 billion U.S. dollars).[2] This represented 1.6–2% of all retail sales vs. a global average of 7%.[3][4]

E-commerce in Mexico takes place primarily through the use of websites and apps, but it can also be conducted through messaging platforms such as WhatsApp,[5] Facebook Messenger (sometimes using chatbots), and leads generated on social media.

According to estimates in 2016, around 70% of Mexicans had access to the internet. E-commerce volume in Mexico grew by 900% between 2009 and 2015.[2]

While debit and credit cards are commonly used for e-commerce payments in Mexico, cash is also an important payment method. Nearly half of Mexicans have used cash to make an e-commerce purchase. Transactions are completed online, and the website provides a reference number. Customers must then bring this reference number and the cash to a convenience store, supermarket, or bank that accepts cash payments and charges a commission.[6]

Associations

Organizations include the Asociación de Internet.mx (formerly AMIPCI),[7] and AMVO (Asociación Mexicana de la Venta Online)[8] which organizes the annual HotSale, a sale on e-commerce channels only across a broad range of Mexican retailers.

By industry

Startups

References

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